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Market Impact: 0.15

Australia’s Sovereign Wealth CEO Raphael Arndt to Leave Role

Source: Bloomberg

Management & GovernanceSovereign Debt & Ratings

Australia’s $356 billion Future Fund said Raphael Arndt will step down to return to the private sector, marking the latest leadership change at the fund. The update is primarily governance/management-focused and does not signal any immediate shift in the fund’s investment stance, implying limited market impact.

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